http://www.facebook.com/schiff2010
http://www.europac.net/
When my friend told me that Peter Schiff is running for Senator against Chris Dodd I flipped out! Peter Schiff is a stockbroker and owner of Euro Pacific Capital, he was one of the first people to predict the housing bust and is one of the few economists who follow Austrian economics as opposed to the conventional Keynesian economics which has led economists into the pit it is in now. Adding to my excitement is that he is going against Chris Dodd. Let me refresh your memory on Chris Dodd. He ran for President in 2008 but his campaign came under scrutiny when the watchdog group "opensecrets.org" disclosed that many of Dodd's campaign contributions came from the financial service industry, an industry regulated by committees Dodd chairs in the Senate. Although other candidates aka McCain, Clinton and Obama have received funds from the banking/financial industry no candidate had received more funds from Fannie Mae and Freddie Mac as Chris Dodd totalling $133,900. During the Fannie Mae and Freddie Mac controversies Dodd who lead the mortgage bill "Housing and Economic Recovery Act in 2008" Dodd denied rumors that these financial institutions were in a financial crisis, claiming they are "fundamentally sound." When Paulson initiated an overhaul of Freddie and Fannie Dodd was skeptical and continually denied the need for reform. When $170 billion was spent to assist AIG, originally Dodd put a "retroactive limit to bonus compensation given to executives" he later put an inclusion in the bill that which allowed AIG to give bonuses under previously negotiated contracts. Then he claimed he did not know how the amendment was changed. Dodd has been called a "lying weasel" by the New Haven Register.
This just skims the surface of the ridiculous behavior Americans have had to tolerate with Dodd in office. Dodd is corrupt and part of the problem! It is amazing that someone like Peter Schiff is going against him, I hope that the people in Connecticut realize Dodd's shady behavior and make a smart choice in 2010.
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